To reiterate how loopy Mr Market is, yesterday we had 220m shares valued by the market at $2.00 so worth $440M total.
today we have 251m shares at $1.50 so worth $376M.
but we have $46M more cash than yesterday.
market logic, the more cash a company has the less it is worth
Ann: Kingsgate completes $46M institutional placement, page-78
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |